Pivotal Metals Limited
has announced its annual results for the year ending 30 June 2026, revealing a loss after tax of $1,312,928, down from a $1,550,614 loss in the previous year, as it advanced its copper-nickel-gold-PGM initiatives in Québec, Canada.
Key Highlights
- Loss after tax for the year ended 30 June 2026 stood at $1,312,928, improving from $1,550,614 in the year ended 30 June 2025.
- Post year-end, an expanded Mineral Resource of 52Mt at 1.05% CuEq was declared for the Horden Lake project.
- At Belleterre, drill hole 26-PIV-02 at Alotta yielded 21.8m grading 1.27% Ni, 1.03% Cu, and 1.29 g/t PGE from 73m depth.
- The company secured A$5.4 million in funding during the year, including A$2.9 million through flow-through share issuance, and obtained Québec Government co-funding for metallurgical testwork.
- The Belleterre drilling programme was extended to roughly 3,000m, targeting areas east of the former Lorraine Mine.
Annual Financial Performance and Fundraising Activities
Pivotal Metals posted a loss after tax of $1,312,928 for the year ending 30 June 2026, compared to a $1,550,614 loss for the prior year, as detailed in its ASX annual report. During this period, the c...